Manchester, UK (April 9, 2025) — Newmark announces it has hired Chris Balshaw to establish its cost consultancy and management services capabilities within the Building Consultancy practice in the UK. In his role, Chris will provide cost management, financial oversight and procurement advice for construction and real estate projects, ensuring developments are cost-effective and in compliance with contractual requirements across the UK, with an initial focus on the Northwest.
Dean Collins, a leader within the Building Consultancy practice, commented: “In an increasingly challenging commercial environment, the demand for robust data-led cost consultancy advice continues to grow. Establishing this capability is a natural step for our business, strengthening our national services and providing clients with an extra level of expertise and assurance. With Chris on board, we’re enhancing our ability to deliver end-to-end high quality construction advice and solutions across the UK.”
With over 35 years of experience, Chris’ expertise in cost management, project oversight and strategic consultancy position him as a leader in delivering value-driven solutions within the built environment, with a particularly strong track record in healthcare and residential . Before joining Newmark, Chris was a Partner at Todd & Ledson, where he played a key role in leading a 25-strong team and delivering cost consultancy solutions. Following Todd & Ledson’s acquisition by Rider Levett Bucknall UK (“RLB”) in 2019, Chris was integral to the firm’s transition and integration, leading on healthcare in the Northwest and broadening its sector service capabilities nationally.
Chris commented: “I’m thrilled at the opportunity to play a key role in building and shaping a cost consultancy offer within a dynamic and expanding business like Newmark. In addition to utilising my own network, being able to tap into an already rich and diverse client base makes the future really exciting.”
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended December 31, 2024, Newmark generated revenues of over $2.7 billion. As of December 31, 2024, Newmark and our business partners together operated from approximately 170 offices with more than 8,000 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
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